Bullish option flow detected in Peloton (PTON) Interactive with 28,471 calls trading, 6x expected, and implied vol increasing almost 9 points to 87.21%. Jul-26 8 calls and 2/6 weekly 7.5 calls are the most active options, with total volume in those strikes near 26,500 contracts. The Put/Call Ratio is 0.03. Earnings are expected on February 5th.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PTON:
- Peloton cutting 11% of staff, including from engineering teams, Bloomberg says
- Peloton price target lowered to $9 from $11 at BofA
- Peloton Interactive call volume above normal and directionally bullish
- Peloton price target lowered to $8 from $9 at Telsey Advisory
- Peloton Stockholders Approve Key Proposals at Annual Meeting
